KUALA LUMPUR – Aurelius Technologies is expected to see a strong second quarter as production volumes continue to rise from a low base in 2023, impacted by customer inventory rationalization.

Entering the second half of the year, Aurelius is progressively ramping up production for new orders, including automotive IoT modules, lift management systems, and new models from its existing customers. Significant growth is anticipated in the electronic devices segment, driven by an expanding customer base.

The company is building a new production plant, which will be operated by its subsidiary BCM Electronics. The plant is planned to be complete by the end of 2024 and will feature 243,000 sq. ft. of advanced manufacturing and R&D space – including nearly 13,000 sq. ft. of clean room facilities.